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5 Dollars Kaiser Wilhelm II

Issuer Commonwealth of the Northern Mariana Islands
Year 2005 (2004)
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Composition Gold (.999)
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Obverse description Central field bears the coat of arms of the Commonwealth of the Northern Mariana Islands, depicting a latte stone surmounted by a star within a wreath, flanked by a spread-winged American eagle below, all rendered in high relief against a mirror-polished field. Diagonal rays emanate from behind the central emblem. The circular legend COMMONWEALTH OF THE NORTHERN MARIANA ISLANDS arcs along the upper periphery, bordered by a ring of small stars. The denomination 5 DOLLARS appears in the lower exergue in bold capital letters.
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Edge Reeded
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Additional information

The Commonwealth of the Northern Mariana Islands occupied a peculiar constitutional position in 2004–2005 — a U.S. territory issuing coins denominated in dollars under licensing arrangements that have drawn persistent scrutiny from numismatists and legal scholars alike. The connection to Wilhelm II is geographical: Germany administered the Marianas from 1899 until Japan seized them in 1914 at the outset of World War I, a tenure of barely fifteen years.

The 1.24 g gold specification places this squarely in the micro-gold souvenir category produced for the collector market rather than any circulation purpose.

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